New Leadership at New American Funding to Boost Growth
New Leadership at New American Funding
New American Funding (NAF), a prominent independent mortgage lender, recently made notable changes in its retail division to enhance operational efficiency and boost growth. The company has promoted seasoned professionals, including Tony Blodgett and Andy Pettola, to pivotal roles overseeing retail operations across different regions. Under the guidance of Pat Bolan, NAF’s chief production officer, this strategic alignment is set to strengthen NAF's foothold in the competitive mortgage market.
Strategic Promotions for Growth
With NAF managing over 270 branches and nearly 1,400 dedicated loan officers and branch managers, the leadership changes are designed to cultivate effective sales strategies. Blodgett will take charge of retail operations for the Western United States, while Pettola will oversee the Eastern side, both reporting directly to Bolan. This duo is committed to driving recruitment efforts aimed at bringing top talent into the organization.
The Vision of Leadership
Bolan expressed his confidence in Blodgett and Pettola's capabilities, noting their impressive track record of driving growth and increasing market share. He emphasized that their leadership style, along with their forward-thinking approach, positions NAF for continued expansion and success in the retail mortgage landscape.
Expansion of Leadership Responsibilities
In their respective new roles, Blodgett and Pettola will also manage various divisional leaders. Blodgett will continue to oversee the North Mid-West Division with Milt Karavites now reporting directly to him, strengthening the chain of command. Meanwhile, Pettola will maintain his role leading the Northeast and Southeast Divisions, with Elly Cummings, overseeing the Great Lakes and Florida regions, now under his direct supervision.
A Commitment to Excellence
These changes ultimately reflect New American Funding's dedication to creating a strong retail leadership team. By cultivating talent and developing sales strategies, Blodgett and Pettola will work collaboratively to meet competitive challenges and drive further business growth. This adaptation is pivotal to ensuring sustained success in the ever-evolving mortgage lending field.
About New American Funding
Established as a leading independent mortgage lender, New American Funding boasts a remarkable servicing portfolio that currently supports over 278,000 clients, reflecting an impressive $72 billion in value. Recognized for its outstanding corporate culture, NAF ranks among the Fortune 100 Best Companies to Work For in 2025. Additionally, it has garnered recognition as one of America's Greatest Workplaces for Women in 2025, showcasing its commitment to nurturing its workforce.
Commitment to Employees and Clients
The organization's focus on career development and innovative technologies enables their branch Loan Officers to streamline the mortgage process effectively, thereby enhancing customer experience. New American Funding’s ongoing commitment to excellence in service and employee satisfaction ensures it remains a leader in the mortgage lending industry.
Frequently Asked Questions
What leadership changes were announced by New American Funding?
New American Funding promoted Tony Blodgett and Andy Pettola to oversee retail operations for the Western and Eastern United States, respectively.
How many branches does New American Funding manage?
The company manages over 270 branches nationwide and has nearly 1,400 loan officers and branch managers.
What is the significance of these promotions?
These promotions aim to enhance operational efficiency, talent recruitment, and strategic growth within the competitive mortgage market.
What awards has New American Funding received?
NAF has been recognized as one of the Fortune 100 Best Companies to Work For and among America's Greatest Workplaces for Women in 2025.
What is New American Funding's market focus?
New American Funding specializes in mortgage lending and is dedicated to improving customer experiences through innovative technologies and robust career training.
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